Nassau, Bahamas
Nassau is a major city in Bahamas with a population of 280,000.
Below Average vs Bahamas Avg (100)
Above Average
Household income
Job market health
Nassau vs Bahamas Average
Taxes
- State Income Tax: None
- Sales Tax: 10.0%
Economy & Jobs
- Median Income: B$ 42,000
- Unemployment: 5.0%
- Population: 280,000
Climate
- Sunny Days: 270/year
- Summer High: 88°F
- Winter Low: 68°F
- Farming Zone: USDA Zone 7b
Housing
- Median Home: B$500,000
- 1BR Rent: B$1500/mo
Cost of Living
Nassau's cost of living index is 100 (Bahamas average = 100).
| Category | Nassau | National Average | Difference |
|---|---|---|---|
| Overall | 100 | 100 | 0.0% |
| Housing | 120 | 100 | +20.0% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | B$500,000 |
| Median Rent (1BR) | B$1500/mo |
| Median Rent (2BR) | B$1,875/mo |
| Price per Sq Ft | B$333 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Nassau:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | B$200 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | B$38 | Estimated based on local climate and electricity rates |
| Water | B$80 | Includes sewer |
| Internet (100+ Mbps) | B$100 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | B$418 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
Nassau scores —/100 for remote work readiness:
Climate
Nassau has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 88°F | 68°F | 2.5" |
| April | 73°F | 83°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 86°F | 2.2" |
Mild — wide variety of vegetables, many fruit trees
Natural Hazards
Nassau faces the following natural hazards:
Frequently affected by hurricanes.
Active seismic zone with significant earthquake risk.
Coastal flooding from hurricanes.
Extreme summer heat.
Island nation with tsunami risk.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 10%
- Property Tax: ~0% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.
Schools & Education
Academic Schedule
Follows Caribbean calendar.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Nassau, Bahamas?
The cost of living index in Nassau is 100, which is Lower the Bahamas national average of 100.
How much does it cost to buy a home in Nassau?
The median home price in Nassau is B$500,000. The housing index is 120.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Nassau is approximately B$1500/mo.
Does Nassau, New Providence have income tax?
Nassau is in New Providence, which has no income tax.
What is the climate like in Nassau?
Nassau enjoys approximately 270 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 68°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.